AP Micro 9/16 Weekly Lesson Plans

Week of: 9/16/24

*for additional curriculum information, please visit the district's resource High School Resource Guides  or Georgia Standards of Excellence

AP Microeconomics

Monday

Standard(s):

LT:I will define, explain, and calculate measures of elasticity

SC:Explain (using graphs where appropriate) measures of elasticity and the impact of a given price

change on total revenue or total expenditure.

Lesson/Activity: Elasticity of Demand/ Senior Meeting with Mrs. Kelly

Resources: 2.3 Price Elasticity of Demand Practice

Tuesday

Standard(s):

LT:I will define, explain, and calculate measures of elasticity

SC:Explain (using graphs where appropriate) measures of elasticity and the impact of a given price

change on total revenue or total expenditure.

Lesson/Activity: Elasticity of Supply

Resources: Elasticity of Supply Practice 2.4 Sheet

Wednesday

Standard(s):

LT:I will define, explain, and calculate measures of elasticity

SC:Calculate (using data from a graph or a table as appropriate) measures of elasticity.

Calculate Cross Price and Income Elasticity

Lesson/Activity: Cross Price and Income Elasticity. Supply and Demand Shifter Review

Resources:

Thursday

Standard(s):

LT:Identify and calculate consumer surplus, producer surplus, and dead weight loss on a graph.

SC: I can identify equilibrium and determine CS/PS/DWL from the chart.

Lesson/Activity: Consumer and Producer Surplus and Deadweight Loss

Resources:. Markets in Wheat 

Friday

Standard(s):

LT:I will define, explain, and calculate the changes in underlying conditions in underlying conditions and shocks to a competitive market can alter price, quantity, consumer surplus, and producer surplus.

SC: I can identify equilibrium and determine CS/PS/DWL from the chart.

Lesson/Activity: Market Equilibrium and Disequlibrium. 

Resources:Desk Drawing Practice